The Peace River Arch area is located in Northern Alberta adjacent to the British Columbia border. It enjoys an impressive geologic diversity rewarding energy companies with prolific oil and natural gas production. It is one of the most desirable light oil and natural gas liquids drilling areas in North America due to long reserve lives and wells that can produce for up to 15 to 20 years.

The area is highly competitive and is dominated by key players including Birchcliff Energy Ltd., Crescent Point Energy Corp., Canadian Natural Resources Limited and Shell Canada among others. Production is established from various … Continue Reading

The Bakken Formation is a large unconventional resource found throughout central Williston Basin (Saskatchewan, Manitoba, Montana and North Dakota). The shales that comprise the upper and lower members of the Bakken are world class source rocks with a total thickness generally between 30-40m. The USGS (U.S. Geological Survey) 2008 estimate for technically recoverable reserves in the Bakken stands at 4.3 billion barrels, a figure expected to be reviewed higher. Some companies are estimating about 10 billion barrels in recoverable reserves!